Sold
950 Waterloo Avenue, Monroe, MI 48161
Sold on 05/14/2026 for$331,000
MLS # 50203862 (MiRealSource)
3 beds1 bathBuilt 19500.33 acres
1 / 34
Listing Description
Seller may need up to 30 days of occupancy. It is negotiable. Step inside and feel the warmth of this home located in this desirable Monroe neighborhood, this beautifully maintained home offers the perfect blend of comfort, style and convenience. Boasting 3 bedrooms, possible 4, 1.5 baths, this property offers spacious living with modern finishes and thoughtful updates throughout. Open concept living areas with abundant natural light and durable flooring. Nice sized entry way for shoes and coats. Updated kitchen, ample cabinet space, and beautiful countertops. A master bedroom with a large walk-in laundry space, very convenient on main floor. Step outside and discover even more to love-an attractive exterior with maintained landscaping, a welcoming front porch, and outdoor spaces ready for summer nights and weekend get-togethers. The standard feature is the impressive 30 x 30 insulated, heated, air-conditioned, 100-amp outbuilding with a 10x30 lean to perfect for a workshop, hobby space or extra storage. This isn't just a house...it's where your next chapter begins. Buyer's agent to verify ALL info.
Source: SparkMLS
About this home
3-bedroom, 1-bath home in Monroe Township in Monroe built in 1950.
Final sale price: $331,000.
Electric service is provided by DTE Electric Company; natural gas by Michigan Gas Utilities Corporation.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Lot Size0.33 acres
Year Built1950
Location
CityMonroe
MunicipalityMonroe City
Zip Code48161
CountyMonroe
School DistrictMonroe
Construction & Systems
ConstructionBrick, Vinyl Siding
Garage2 spaces
HeatingForced Air
SewerPublic
Sale & Financing
Listed4/8/2026
Sold Date5/13/2026
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Allison Grego
Century 21 Allstar Real Estate Team, Inc
Frequently Asked Questions about 950 Waterloo Avenue, Monroe, MI 48161
Which school district serves 950 Waterloo Avenue, Monroe, MI 48161?
Per MLS# 50203862, 950 Waterloo Avenue, Monroe, MI 48161 is in the Monroe boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Monroe directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 50203862, this listing accepts Cash, Conventional, FHA financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 950 Waterloo Avenue, Monroe, MI 48161 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 950 Waterloo Avenue, Monroe, MI 48161 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 950 Waterloo Avenue, Monroe, MI 48161?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Michigan Gas Utilities Corporation. Sewer: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Monroe County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$2,037
Principal & interest$2,037
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Utilities
DTE Electric Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
950 Waterloo Avenue, Monroe, MI 48161
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Municipality
Monroe Township
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County
Monroe County
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